Tim Duy
Tim Duy's Latest Articles | 167
The Bernanke of 2003
Ryan Avent reminds us of a depressing point: …Ben Bernanke seems to have forgotten everything he once knew about the crises in the 1930s and in Japan in the... Read »
Working on the Wrong Margins
Brad DeLongs offers some tepid support of yesterday’s FOMC outcome. At the moment ten-year Treasury bonds are selling at a present-value discount of20 14%,... Read »
Quick FOMC Reaction
Only time for a quick response now – running to an event in five minutes. The FOMC just announced another step toward easing, moving foward with “Operating... Read »
Not the 1970s – The World is Simply Different
Today former Federal Reserve Chairman Paul Volker pulled out the specter of the 1970’s to rail against those suggesting room for a higher inflation target, holding... Read »
Fed Watch: Rearranging the Deck Chairs
Here we are, again staring down the barrel of an FOMC meeting while deeply entrenched in a subpar equilibrium, with output well below the pre-recession trend and ... Read »
A Modest Monetary Proposal
I have been reading and rereading Raghuram Rajan’s piece questioning the effectiveness of proposals to raise inflation targets. I tend to be pretty sympathetic... Read »
Are We Headed for Recession?
I thought this might be an easier way to get back into the game after an extended hiatus. Does the economy need more stimulus? Always good to start with a softball... Read »
Fed Watch: Weak Medicine
The Federal Reserve pronounced on the state of the economy, and the assessment wasn’t pretty. I think this was pretty much the only good news: However, business... Read »
Be Wary of Entitlement Reform
I stumbled on this Robert Samuelson op-ed piece via Marginal Revolution. I think Tyler Cowen was impressed with this sentence: Older Americans do not intend to... Read »
Jobs Report and the Fed
The jobs report was somewhat better than expectations. Admittedly, this isn’t saying much. But it was “good” enough to give the Fed pause... Read »






